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CPO prices to consolidate at RM4,000 to RM4,300
CPO Futures Close Higher On Stronger Crude Oil Prices Amid US-Iran Conflict
CPO Futures Set To Trade Higher Next Week On Rising Crude Oil Prices
Crude Palm Oil Futures Soften on Profit-Booking
03/01/2012 (MSN) - Crude palm oil prices fell by Rs 1.50 to Rs 553.40 per 10 kg in futures trading today as speculators indulged in booking profits at existing higher levels, driven by a weak spot market trend on sluggish demand.
Palm Oil May Test Resistance
03/01/2012 (Hindu Business Line) - Palm oil futures on the Bursa Malaysia Derivatives Exchange ended higher on Friday due to concerns that heavy rainfall in growing areas of Malaysia could cause supply disruption. This was despite a weakening euro, which normally dents sentiment in commodities. Production in Malaysia is in the seasonally low-yield phase and heavy rains that threaten to disrupt production may add pressure to tightening stocks. US data on Thursday pointed to positive trends for the world\'s biggest economy and helped allay concerns on slowing growth. Energy prices were supported by signs of an improving US economy and Iran\'s threats to halt oil flow through a vital trade route.
The Power of Clones
03/01/2011 (Borneo Post) - I remembered the first clonal oil palms that were planted.
Shipping Activity At Port Qasim
03/01/2012 (Business Recorder) - Five ships arrived at the port Qasim on Friday, December 30 carrying containers at QICT, Project Cargo at MW 3 furnace oil at FOTCO, chemical at EVTL and canola seed at FAP.
Palm Oil Futures Decline From a One-Month High as Soybeans Fall
30/12/2011 (Bloomberg) - Palm oil dropped after a rally to the highest level in more than a month prompted some investors to lock in gains, and as soybeans, crushed to make a competing cooking oil, declined.
Crude Palm Oil Gains 0.13 Pc As Demand Picks Up
30/12/2011 (MSN) - Crude palm oil prices rose by 0.13 per cent to Rs 547 per 10 kg in the futures market today on the back of a pick-up in demand in the spot market and tight supply from producing regions.
Malaysia Expects Plantation Exports Bonanza
30/12/2011 (Business Times) - Malaysia can expect record high plantation commodity exports this year as global demand for palm oil, rubber and pepper surpasses supply.
Palm 0il To Fall To 3,140 Ringgit/T
30/12/2011 (Business Times) - Malaysian palm oil will fall to 3,140 ringgit per tonne, as a five-wave cycle has completed.
Rapeseed Output in India May Decline 21% on Lower Area
30/12/2011 (Bloomberg) - Rapeseed production in India, the world’s second-largest importer of cooking oils, may decline this year as winter rains elude the nation’s biggest growing region, hampering crop sowing, a processors’ group said.
